The parcel delivery industry, a transportation segment responsible for shipping products to customers, is booming through e-commerce. And according to a new report, Ecommerce retailers like Amazon, Alibaba and Walmart are in a very good position to seize the million dollar opportunity represented by the transportation and logistics business.
It is mentioned that the global transport market, including sea, air and land transport, represents a market of 2.1 trillion dollars, according to the World Bank, Boing and Golden Valley Co. Consequently, the stakes are high for the companies that are responsible for transporting packages, especially considering that spending on e-commerce has been increased. increased.
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It is also said that around twenty different partners currently share functions of sending 600 million packages to Amazon each year, which means that companies such as FedEx, UPS and USPS are now much more active.
It is also important to note that until now, Amazon, Alibaba, and Walmart have been focusing on building shipping and logistics services.
In fact, Amazon has already made significant movements through each stage in the transport of packages. The company launched a same-day delivery service, which is managed through its own fleet of carriers, thereby eliminating third-party freight companies.
Not only that, Amazon has also established shipping routes between China and North America.
For its part, Walmart's interest in expanding its transportation and logistics operationsa, has to do mostly with cost reduction.
In this case, it has started with the leasing of containers for the transport of manufactured goods from China, so it is making greater use of Lockers and the option of collecting products in the store, with the intention precisely of reducing delivery costs.